The conventional wisdom is that politiciansrent-seeking motives increase public debt and de…cits. This is because myopic politicians face political risk and prefer to extract political rents as early as possible. An implication of this argument is that governments will under-save during a boom

for myopic politicians may be the ease with which the true cost of guarantees can be understated, at least at the outset. In practice, the actual fiscal cost of existing schemes has varied widely across countries and has represented a high per dollar subsidy in some cases. Despite the recent application

Abstract: Schattschneider's insight that "policies make politics" has played an influential role in the modern study of political institutions and public policy. Yet if policies do indeed make politics, rational politicians clearly have opportunities to use policies to create a

If an emission reduction agreement with participation of all players is not enforceable because politicians are too myopic or not able to commit themselves to sustainable policies or costs of reducing emissions are too high, strategic investments in research and development (R&D) of green

Dominant theories of electoral behavior emphasize that voters myopically evaluate policy performance and that this shortsightedness may obstruct the welfare-improving effect of democratic accountability. However, we know little about how long governments receive electoral credit for beneficial

. The success of the truck industry since deregulation in 1980 has meant that truck miles have more than doubled. It is not surprising that the driving, and voting, public lobby politicians to impose truck safety regulations. Also one of the virtues of the trucking industry is also its safety Achilles heel

problems,which stemmed from the myopic decisions of Japanese politicians will have deep and long-term impacts on Japanese society and the economy. The population crisis is only the external aspect of what is really a crisis in the family as an institution.Myrdal,A.(1941,p.4) 1.Introduction The Japanese

. The success of the truck industry since deregulation in 1980 has meant that truck miles have more than doubled. It is not surprising that the driving, and voting, public lobby politicians to impose truck safety regulations. Also one of the virtues of the trucking industry is also its safety Achilles heel